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Chevrolet Bids Farewell To Europe

AMERICAN car giant General Motors has made a surprise announcement that from 2016 its Chevrolet brand will be no more in Europe. The company has stated that it wishes to concentrate on long established brands Opel and Vauxhall instead. All is not lost, as GM will keep what it says is its ‘iconic’ models such as the Corvette, while the firm intends to focus attention on its traditional American luxury brand Cadillac ahead of a greater European push in the next few years.

2010 Ford Mustang: Saleen plans two go-fast models for next year

Saleen, the famous performance brand, lives. And it's looking to roll out two go-fast Mustangs in the next year. The first will be unveiled at Mustang Week in Myrtle Beach, S.C., later in July.

U.S. will guarantee GM, Chrysler warranties, Obama says

In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday. "Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech.